Information Communication and Technology

Disaster Recovery as a Service (DRaaS) Market, Size, Share, Growth, Future Prospects, and Competitive Analysis, 2025-2033

Published July 4, 2022 /Updated November 14, 2026 /No. of pages: 175 /Report ID: TD-202207045

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Market snapshot

Disaster Recovery as a Service (DRaaS) Market Size, 2024-2033

USD Billion

2024202520262027202820292030203120322033

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Market overview

Study Period2024 - 2033
Historic Year2024
Base Year2025
Forecast Period2026 - 2033
Market Size (Base Year)USD 13.0 Billion
Market Size (Forecast Year)USD 39.8 Billion
Growth Rate (CAGR)15.0 %
Fastest Growing MarketAsia-Pacific
Largest MarketNorth America
Market ConcentrationMedium

Inside the report

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About this report

This report covers the disaster recovery as a service (DRaaS) market: cloud-delivered services that copy and protect an organisation's data and IT systems and restore them after outages, cyberattacks or disasters, including backup and restore, real-time replication and failover, data protection and professional services, delivered from public, private or hybrid clouds to organisations of all sizes. The market is valued at providers' revenue.

Disaster recovery as a service lets organisations recover quickly without building and running their own secondary data centre.

Ransomware, cloud adoption and resilience rules are driving the market while price competition is a restraint

Ransomware and other cyberattacks can stop businesses for weeks, and recent high-profile attacks have shown the cost of slow recovery, pushing organisations to invest in isolated backups and tested recovery services.

The move of applications to the cloud, the growth of hybrid IT, and regulations requiring financial firms and critical services to prove they can recover from disruption increase demand for managed recovery services.

However, large cloud providers offer low-cost built-in recovery tools, data transfer and storage costs can be high, and many smaller organisations still lack recovery plans.

Backup and restore services, public cloud and large enterprises account for the largest shares

The global Disaster Recovery as a Service (DRaaS) market is mainly classified based on service type, deployment mode, organisation size and vertical. By service type, the market is segmented into backup and restore, real-time replication, data protection and professional services. By deployment mode, it is divided into public, private and hybrid, and by organisation size into large enterprises and small and medium-sized enterprises. By vertical, it covers banking, financial services and insurance, government, retail, healthcare, manufacturing, energy, media, telecommunications, IT and other verticals.

Backup and restore services account for the largest share, while real-time replication is growing as organisations seek faster recovery. Public cloud deployment accounts for the largest share, with hybrid models common among large enterprises.

Large enterprises account for most spending, while small and medium-sized enterprises are the fastest-growing users. Banking, financial services and insurance is the largest vertical, followed by healthcare and government.

Interesting Facts of Disaster Recovery as a Service (DRaaS) Market:

  • Disaster recovery services can restart a company's systems in a different data centre or cloud.
  • Immutable backups cannot be changed or deleted, even by attackers with access.
  • Many ransomware attacks try to destroy backups before encrypting data.
  • Recovery time objectives set how quickly systems must be back online.
  • Some regulators require banks to test their disaster recovery plans regularly.

North America is expected to account for the largest share of the Disaster Recovery as a Service (DRaaS) industry, while Asia-Pacific is expected to grow fastest

North America is the largest market, led by the United States, with high cloud adoption and frequent ransomware attacks.

Europe is the second-largest market, supported by resilience rules for financial firms and critical infrastructure. Asia-Pacific is expected to grow fastest as cloud adoption rises in India, Southeast Asia, Japan and Australia.

Global Disaster Recovery as a Service (DRaaS) Market Key Players:

Some of the major competitors in the global Disaster Recovery as a Service (DRaaS) market include Microsoft Corporation (Azure Site Recovery), Amazon Web Services (Elastic Disaster Recovery), Google Cloud, IBM Corporation, Veeam Software, Commvault Systems, Cohesity (incl. Veritas), Rubrik, Inc., Hewlett Packard Enterprise (Zerto), Broadcom (VMware), Druva, Acronis, 11:11 Systems, TierPoint, Flexential, and Expedient.

The Disaster Recovery as a Service (DRaaS) market is moderately concentrated. Microsoft, AWS, Google and IBM offer cloud recovery services, Veeam, Commvault, Cohesity, Rubrik, Zerto (HPE), Druva and Acronis provide data protection and recovery platforms, and managed service providers such as 11:11 Systems, TierPoint, Flexential and Expedient deliver recovery services.

The following are some recent market developments:

  • In January 2026, Commvault reported record quarterly revenue and strong growth in recurring revenue.
  • In November 2025, Jaguar Land Rover reported the cost of a September cyberattack that halted its production for weeks.
  • In October 2025, Commvault said its annualised recurring revenue had passed a major milestone ahead of target.
  • In May 2025, Marks & Spencer said a cyberattack would cost it hundreds of millions of pounds and disrupt online orders for months.
  • In December 2024, Cohesity completed its combination with Veritas' data protection business.

Frequently asked questions about the global Disaster Recovery as a Service (DRaaS) market

Q: What is the current size of the global Disaster Recovery as a Service (DRaaS) market?

Ans: The Disaster Recovery as a Service (DRaaS) market was valued at USD 13.0 billion in 2025 and is projected to reach USD 39.8 billion by 2033, at a CAGR of 15.0% during the forecast period.

Q: What are the major opportunities in the Disaster Recovery as a Service (DRaaS) industry?

Ans: Ransomware recovery, isolated cloud backups, recovery for SaaS applications, services for small and medium-sized businesses and compliance with resilience rules are major opportunities.

Q: What is the major growth driving factor for the Disaster Recovery as a Service (DRaaS) industry?

Ans: The rising threat of ransomware and cyberattacks, together with cloud adoption, is the main growth driver.

Q: Which region is expected to have the largest share of the Disaster Recovery as a Service (DRaaS) market?

Ans: North America is expected to have the largest share, while Asia-Pacific is expected to grow fastest.

Q: Which service type segment will dominate the Disaster Recovery as a Service (DRaaS) market?

Ans: Backup and restore services are expected to account for the largest share.

Table of contents

  1. Disaster Recovery as a Service (DRaaS) Market - Introduction

    1. Market Definition
    2. Research Objective and Scope of the Report
  2. Disaster Recovery as a Service (DRaaS) Market - Research Methodology

  3. Disaster Recovery as a Service (DRaaS) Market - Executive Summary

    1. Market Snippet, By Service Type
    2. Market Snippet, By Deployment Mode
    3. Market Snippet, By Organization Size
    4. Market Snippet, By Vertical
    5. Market Snippet, By Region
  4. Disaster Recovery as a Service (DRaaS) Market Dynamics

    1. Market Dynamics
      1. Drivers
      2. Restraints
    2. Market Trends & Opportunities
    3. Porter's Five Analysis
    4. Regulatory Analysis
    5. Key Developments
    6. Patent Analysis
  5. Disaster Recovery as a Service (DRaaS) Market - Ransomware Impact Analysis

  6. Disaster Recovery as a Service (DRaaS) Market - By Service Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      2. Market Attractiveness Index, By Service Type
    2. Backup & Restore Service
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Real-time Replication Service
    4. Data Protection Service
    5. Professional Services
  7. Disaster Recovery as a Service (DRaaS) Market - By Deployment Mode

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      2. Market Attractiveness Index, By Deployment Mode
    2. Public
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Private
    4. Hybrid
  8. Disaster Recovery as a Service (DRaaS) Market - By Organization Size

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      2. Market Attractiveness Index, By Organization Size
    2. Large Enterprises
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Small & Medium Sized Enterprises
  9. Disaster Recovery as a Service (DRaaS) Market - By Vertical

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      2. Market Attractiveness Index, By Vertical
    2. Banking, Financial Services & Insurance
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Government & Public Sector
    4. Retail & Consumer Goods
    5. Healthcare & Life Sciences
    6. Manufacturing
    7. Energy & Utilities
    8. Media & Entertainment
    9. Telecommunications
    10. IT & ITeS
    11. Other Verticals
  10. Disaster Recovery as a Service (DRaaS) Market - By Region

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (The U.S., Canada, Mexico)
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (Germany, The U.K., France, Italy, Spain, Rest of Europe)
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (Brazil, Argentina, Rest of South America)
    5. Asia-Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country (China, India, Japan, Australia, Rest of Asia-Pacific)
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Service Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment Mode
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Organization Size
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
  11. Competitive Landscape

    1. Competitive Scenario
    2. Comparative Product Portfolio Analysis
    3. Market Positioning/Share Analysis
    4. Mergers and Acquisitions Analysis
    5. Company Profiles (company overview, product portfolio, financials, SWOT analysis)
      1. Microsoft Corporation (Azure Site Recovery)
      2. Amazon Web Services (Elastic Disaster Recovery)
      3. Google Cloud
      4. IBM Corporation
      5. Veeam Software
      6. Commvault Systems
      7. Cohesity (incl. Veritas)
      8. Rubrik, Inc.
      9. Hewlett Packard Enterprise (Zerto)
      10. Broadcom (VMware)
      11. Druva
      12. Acronis
      13. 11:11 Systems
      14. TierPoint
      15. Flexential
      16. Expedient
  12. Appendix

    1. About Us and Services
    2. Related Reports
    3. Contact Us

Impact of major ransomware attacks on businesses

A series of major cyberattacks in 2025, including attacks that stopped online orders at a leading UK retailer and halted production at a large carmaker for weeks, showed how long recovery can take and how much disruption costs.

These incidents have pushed companies to invest in isolated, immutable backups and tested recovery plans, and regulators in finance and other sectors increasingly require proof that critical systems can be restored.

Data protection companies have reported strong growth in cloud and subscription revenue, and the industry is consolidating as providers combine to offer broader cyber resilience platforms.

This report assumes continued strong demand driven by ransomware risk and regulation, and treats price competition from large cloud providers as the main restraint.

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Disaster Recovery as a Service (DRaaS) Market, Size, Share, Growth, Future Prospects, and Competitive Analysis, 2025-2033